IncentiaPay Reports Improved Financial Performance
Company Announcements

IncentiaPay Reports Improved Financial Performance

IncentiaPay Ltd. (AU:INP) has released an update.

IncentiaPay Limited reported a narrowed net loss after tax of 62.5% to $(7,640)k for FY2024 compared to $(20,390)k for FY2023, with underlying EBITDA improving by 27.7% due to significant cost savings. Despite a slight decrease in gross operating revenue, the company has implemented a revenue pivot strategy and an organizational restructure for a leaner executive team and enhanced decision-making.

For further insights into AU:INP stock, check out TipRanks’ Stock Analysis page.

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